Prepared Remarks for National Whistleblower Day Celebration

SEC

Thank you for inviting me to speak at today’s celebration of whistleblowers.

Whistleblowers provide a critical public service and duty to our nation.

The tips, complaints, and referrals that whistleblowers provide are crucial to the Securities and Exchange Commission as we enforce the rules of the road for our capital markets. read more »

Antitrust Division Observes National Whistleblower Appreciation Day

DOJ

The Antitrust Division today commemorates National Whistleblower Appreciation Day, which celebrates individuals who act with courage to speak out and report crimes, including antitrust violations like price-fixing, bid rigging and market allocation conspiracies. Collusion among competitors undermines fair competition and harm consumers, and individuals who step forward to shine a light on illegal practices deserve recognition. This year marks the 243rd anniversary of the United States’ first whistleblower law and also the first year for the Criminal Antitrust Anti-Retaliation Act (CAARA), signed into law on Dec. 23, 2020. read more »

Mail-Order Diabetic Testing Supplier and Parent Company Agree to Pay $160 Million to Resolve Alleged False Claims to Medicare

DOJ

Arriva Medical LLC (Arriva), at one point the nation’s largest Medicare mail-order diabetic testing supplier, and its parent, Alere Inc. (Alere), have agreed to pay $160 million to resolve allegations that they violated the False Claims Act. read more »

SEC Charges Real Estate CEO With Defrauding Investors

SEC

The Securities and Exchange Commission today announced securities fraud charges against recidivist Michael Shustek, the CEO of several Las Vegas real estate investment trusts (REITs), and his wholly owned investment advisory firm, Vestin Mortgage LLC. read more »